Real Estate Blog

Real estate wholesaling is an investment technique in which a real estate investor enters into a legally enforceable contract to buy a home but then sells their right to purchase the property, in accordance with the terms denoted within the contract and the legal concept known as the Doctrine of Equitable Conversion, which is defined as:

Source: Law Shelf

The law determines that the ‘equitable title’ has changed owners when the contract has been signed, with the legal title remaining until the deed is transferred. This is because the time that exists between two critical events: 

• The execution of a contract for the sale of real property
• The delivery of the deed and marketable title to the buyer

It is a time when the property’s ownership has hit a bit of a gray-legal area, during which the property exists in a state of limbo between– the seller and the buyer. This is because – during this specific time, the seller has possession (and use) of the...

Meet Pat from Sacramento, California - he's a leading example of someone who takes action and gets results in the Pro Wholesaler VIP Program.

In this video, Pat mentions how he has been able to wholesale 8 deals in the last 3 months and is now on his way out of his "full-time job" since he's had so much success!

Like many of our Pro Wholesaler Members, Pat utilizes our MLS Offer System to consistently get wholesale, fix & flip, and buy & hold deals from the MLS.

Hope you enjoy Pat's review & testimonial on becoming Pro Wholesaler!

If you're looking to consistently wholesale houses every single month, then schedule a one-on-one strategy session call with our team today to see if you're the right fit for the Pro Wholesaler VIP Program!

--- Pro Wholesaler VIP Program Review Transcription ---

Pat G. (00:00):
My name is Pat and I'm located in Sacramento, California. The market I am wholesaling in is Sacramento County. So pretty much,...

Wholesaling real estate is a smart way to get your feet wet in the world of Kansas real estate investing. However, like any new business venture, an entrepreneur or investor must be aware of the investment technique’s benefits, as well as those issues to avoid!

The real estate wholesaling business is simply a technique in which – the real estate wholesaler executes a contract of sale with a seller but then seeks to assign the rights and obligations delineated within this real estate contract to another buyer – an end or cash buyer by executing an assignment of contract. Wholesalers typically find prudent wholesale properties from motivated sellers – those with a strong personal/financial need to sell the property pronto below market value!

The art of real estate wholesaling is often characterized as the actions of a middleman, but one of the best ways for individuals to break into real estate investing in Kansas because it does not require...

If you’re interested in real estate investing and are looking to own real estate, become a house flipper, or buy an investment property to rent out, you might be asking yourself: “Do I need a real estate license to get the job done?”

Investment sales requires a license, real estate rental brokerage requires a license, and being a lender requires a license. But, what about flipping houses?

Well, you’ve come to the right place.

If you are someone who wants to become a successful real estate flipper and buy good real estate investments either as a side hustle or a full-time gig, you must understand the ins and outs of the business. And, that first step is understanding the license requirements - if any - needed to crush it in the house flipping business.

Let’s dive in.

• Can You Flip Houses Without A Real Estate License?
• Should I Get A Real Estate License To Flip Houses?
• What Certifications Do You Need To Flip Houses?
• Can A Realtor Flip Houses?
• What Can I...

Real estate wholesalers employ an investment strategy in which they enter a purchase contract as a buyer but then seek to find another buyer – an end buyer to which they can then assign their rights (known as equitable interest) provided under the original contract with the use of an assignment of contract. Because successful real estate investors who use this strategy may have several properties working simultaneously, they are referred to as 'wholesalers.'

Real estate wholesaling differs from the more well-known real estate investment strategy of house-flipping. The difference lies in the fact that many real estate wholesalers can turn a profit without ever taking title to the property, which effectively reduces potential risks (and significant liabilities) created by the tasks required to fix up a property – even if the renovations are somewhat insignificant.

Often real estate wholesaling professionals will enter a contract that is assignable (as defined by the...

Before considering wholesaling as a form of real estate investing in Indiana, you need to know if it is legal so you don't get on the wrong side of the law.

In this article, we'll answer the question: Is Wholesaling Real Estate Legal in Indiana?

• What Do You Need to Know About Wholesaling In Indiana?
• Is Wholesaling Real Estate Legal In Indiana?
• What Are the Wholesaling Laws In Indiana?
• Do You Need a License to Wholesale Real Estate In Indiana?
• Is Co-Wholesaling Real Estate Legal In Indiana?
• Is Reverse Wholesaling Real Estate Legal In Indiana?
• Indiana Wholesale Real Estate Contract
• Final Thoughts

What Do You Need to Know About Wholesaling In Indiana?

As the 17th most populous state in the U.S, Indiana presents many opportunities for wholesale real estate investments. In 2019, approximately 36,722 new residents moved to the state, bringing its total population to 6.73 million. Projections also show that by 2050, the state will have recorded a 10% increase in population,...

Strategically located as a jumping-off point for commerce headed throughout the United States, Oklahoma has enjoyed healthy economic growth in recent years. 

Due to this growth, the Sooner State offers a wide range of opportunities for people looking to enter the real estate field.  Warm weather, wide-open spaces, and affordable prices are a dynamic combination that spells success for agents, brokers, and wholesalers willing to work hard.

If operating a wholesaling business in Oklahoma sounds like an appealing career option for you, here’s what you should know as you weigh your options. 

• What Do You Need To Know About Wholesaling In Oklahoma?
• Is Wholesaling Real Estate Legal In Oklahoma?
• What Are The Wholesaling Laws In Oklahoma?
• Do You Need A Real Estate License To Wholesale In Oklahoma?
• Is Co-Wholesaling Real Estate Legal In Oklahoma?
• Is Reverse Wholesaling Real Estate Legal In Oklahoma?
• Oklahoma Wholesale Real Estate Contract
• Final Thoughts

What...

Wholesaling is simply a real estate investing technique that allows an investor to turn a profit by entering into a 'contract of sale' to buy real estate. This process requires an earnest money down-payment held in escrow. Once in contract, the buyer can then sell their right to purchase (known as equitable conversion) to an end buyer for a profit.

Often, the primary objective of a wholesaler is to enter in a purchase contract for real property, with a purchase price that is below market value – which may include a home in foreclosure or disarray.

When wholesaling real estate, the asset being sold is the buyer's contractual rights rather than the property itself.

While real estate as a wholesaling business is legal and offers a smart real estate investing technique to earn significant profits, the wholesale deal must be executed carefully with due diligence that weighs legalities appropriately and the anticipated outcomes.

• What Do You Need To Know About Wholesaling In New...

Missouri has a robust economy that centers around industry. The state is a leading producer of aerospace and transportation equipment, and it also exports chemicals, food products, machinery, fabricated metal, and electrical equipment. Thanks to a diverse economy, Missouri also has many opportunities for those interested in real estate investing.

With more than 6.1 million residents — 492,000 of them in Kansas City — Missouri is the 18th most populous state in the United States. There are plenty of opportunities to make money by investing in real estate in the Show-Me state, which has 2.8 million housing units, according to the U.S. Census.

Many people become brokers or real estate salespeople in Missouri. However, there are other ways to make money on the MO real estate market, such as becoming an inspector, mortgage broker, real estate attorney, or finding unique ways to invest.

Some people choose...

With a warm climate and a friendly, pro-business stance, Arizona has enjoyed steady growth in recent years. Phoenix has become a sprawling contemporary center for commerce, recognized for a highly educated workforce and a low tax base, and as a great place to raise a family.

Other areas of the state, while much smaller, also provide ample opportunities to make money in real estate. 

Several people choose a traditional career path in real estate in Arizona.  However, many others are excited about the freedom and flexibility that a career as a real estate wholesaler can offer. 

• What Do You Need To Know About Wholesaling In Arizona?
• Is Wholesaling Real Estate Legal In Arizona?
• What Are The Wholesaling Laws In Arizona?
• Do You Need A Real Estate License To Wholesale In Arizona?
• Is Co-Wholesaling Real Estate Legal In Arizona?
• Is Reverse Wholesaling Real Estate Legal In Arizona?
• Arizona Wholesale Contract
• Is Wholesaling Real Estate Legal In Phoenix?
• Final Thoughts
...